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A large $2.03 million ETH order spotted, whale made a move at the $3,334 price level.
[Crypto World] Just caught a noteworthy large ETH transaction.
A certain wallet address made a move on the ETH/USDT trading pair, purchasing 611.66 ETH at a unit price of 3334 USDT, totaling over $2.03 million in a single trade.
This price point and transaction volume make the timing quite intriguing. It’s unclear whether this is a strategic entry or a reduction in holdings, but operations of this scale generally have a short-term impact on the market.
Recently, ETH has been consolidating in this price range for quite some time. The movement of big funds might be a signal. Those holding positions should keep an eye on the subsequent trend.